2 minutes
BDO, which is the second-largest auditor of listed companies in the UK, has been fined £160,000 and reprimanded over its audit of international insurer AmTrust Europe Limited. ...
2 minutes
The Financial Conduct Authority (FCA) has announced that it will be banning discretionary commission models mainly used by car retailers and motor finance brokers.
2 minutes
The Financial Conduct Authority (FCA) has announced plans to extend the temporary measures put in place to help customers who hold insurance and premium finance products and who ...
2 minutes
The Financial Conduct Authority (FCA) has set out its expectations for banks, building societies and credit unions when they are considering closing branches or ATMs, or converting ...
1 minute
The UK’s accounting watchdog has closed its investigation into the finances of support services contractor Mitie.
2 minutes
The Financial Reporting Council (FRC) has fined Grant Thornton for repeated breaches of ethical standards. Such breaches included failing to maintain its independence over its audit of collapsed ...
3 minutes
Critics have argued that yesterday's Financial Reporting Council (FRC) order for the UK's Big Four accountancy firms to separate their audit practices has not gone far enough ...
2 minutes
The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024. The FRC has outlined a set ...
2 minutes
The Financial Conduct Authority (FCA) has confirmed that motor finance customers, those paying for high-cost credit products such as buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking customers ...
2 minutes
Since the start of the coronavirus crisis, audit firms across the UK have introduced a range of additional measures to improve their evaluation of companies’ going concern ...
2 minutes
The Financial Conduct Authority (FCA) has confirmed that payments on credit card, personal loans and other revolving credit products will remain frozen for a further three months ...
2 minutes
Elevate Credit International Limited (ECIL), a payday lender which sold loans under the Sunny brand, has gone into administration in the UK with Ed Boyle and David ...
2 minutes
New research by the Financial Conduct Authority (FCA) has found that 2.6 million people in the UK have purchased cryptoassets at some point, marking a 1.1 million ...
2 minutes
The Financial Conduct Authority (FCA) is seeking views on establishing a new prudential regime for UK investment firms.
3 minutes
The Financial Conduct Authority (FCA) has launched a consultation on proposals that are designed to promote value for money for the members of workplace personal pension schemes. ...
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